Infra-Annual Labor Statistics: Labor Force Female: From 25 to 54 Years for Canada
Annual, Seasonally Adjusted
LFAC25FECAA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,874,308.00
Year-over-Year Change
15.09%
Date Range
1/1/1976 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted labor force participation rate for the 25-54 age group. It is a key indicator of labor market dynamics and economic conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The labor force participation rate represents the percentage of the civilian non-institutional population that is either employed or actively seeking work. Tracking this metric for prime-age workers provides insights into labor market participation and trends in the working-age population.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
Policymakers and economists closely monitor this indicator to assess labor market health and inform economic policy decisions.
Key Facts
- The current annual, seasonally adjusted labor force participation rate for 25-54 year olds is XX.X%.
- This metric has declined from a peak of XX.X% in YYYY, reflecting long-term trends in workforce participation.
- Economists view this indicator as a measure of labor market tightness and economic vitality.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted labor force participation rate for individuals aged 25 to 54 years old.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of labor market dynamics and economic conditions. Tracking participation for prime-age workers provides insights into the overall health and strength of the workforce.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this indicator to assess labor market health and inform decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFAC25FECAA647S), retrieved from FRED.